States · Idaho · Caribou County

Grace, Idaho.

Typical home $354,814 (+7.4% in a year).

What it costs per month · Grace $1,862/mo

to buy the typical home at today's mortgage rate — +$222 (+14%) since Dec 2023.

What the home itself did
1 year
Up $24,435 +7%
$330,380$354,814 since Sep 2025

Monthly payment to buy the typical home

Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.

$500 $1,000 $1,500 $2,000 $2,500 2002 2006 2010 2014 2018 2022 2026 Grace $1,862 Idaho $2,502 United States $1,922
$500 $1,000 $1,500 $2,000 $2,500 2002 2010 2018 2026
  • Grace$1,862
  • Idaho$2,502
  • United States$1,922

Typical home values in Grace, ID rose 7.4% over the past year — faster than the nation's +1.2%.

Living in Grace, Caribou County, Idaho

Grace is a city of 920 people in Caribou County. Half its households earn more than $72,885 a year and half less, against $68,782 across Caribou County; 14% of its people live below the poverty line. 86% of its homes are lived in by their owners and 14% are rented. Unemployment in Caribou County was 3.4% in August 2026, and the county had 0.6% fewer jobs in 2025 than the year before. The most people in Caribou County work in schools and health care, then farming.

People 920 in the 2020 census
Household income $72,885 the median, give or take $7,307 · Caribou County: $68,782
Unemployment 3.4% Caribou County, August 2026; 3.2% a year before
Homes 86% lived in by their owners; 14% rented

Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.

What it’s like

The place. Grace is a small city where nearly everyone who lives in a home owns it, a far greater share than is typical across the country. Household incomes run a little above the county's, and fewer adults hold a four-year degree than is common nationally. Winters are cold, with January the coldest month, and summers are warm in July; the year brings a modest amount of rain and melted snow.

Work. Residents work mostly in schools, hospitals and social care, followed by farming, forestry and mining, the building trades and manufacturing. Across Caribou County, some of the largest workplaces are P4 Production, Itafos Conda and Caribou Memorial Hospital. The commute is short, and few people work from home.

Things to do. The Caribou–Targhee National Forest is the best known of the nearby places, a protected area reached by a longer drive. Pebble Creek is a ski area, also a longer drive away. Marsh Creek is a river within the same longer reach, suited to time outdoors.

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  • 400households
  • 14%of adults have a degree
  • 14%below the poverty line
  • 16 mintypical commute
  • 6%work from home

What people in Caribou County work in

  • Schools, hospitals and social care22%
  • Farming, forestry and mining21%
  • Building trades14%
  • Manufacturing10%
  • Professional and business services6%
  • Shops (retail)6%

Employed residents by industry, from the Census survey. Caribou County had 3,544 jobs in 2025, 0.6% fewer than the year before (Bureau of Labor Statistics).

Weather through the year

Average daily high and low for each month: coldest in January, 30° and 13°; warmest in July, 85° and 50° 20° 40° 60° 80° J 30° 13° F M A M J J 85° 50° A S O N D
Average daily high and low for each month: coldest in January, 30° and 13°; warmest in July, 85° and 50° 20° 40° 60° 80° J 30° 13° F M A M J J 85° 50° A S O N D

Coldest in January, with highs near 30° and lows near 13°; warmest in July, with highs near 85° and lows near 50°. About 15 inches of rain and melted snow a year.

Average daily high and low, 1991–2020, at the Grace weather station, under a mile away (NOAA).

Largest workplaces in Caribou County

  1. P4 ProductionOther basic inorganic chemical manufacturing372
  2. Itafos CondaAmmonium phosphates manufacturing278
  3. Caribou Memorial HospitalCritical access hospital142FTE
  4. Soda Springs Joint DistrictSchool district101FTE
  5. Bayer Soda Springs69
  6. Grace Joint DistrictSchool district58FTE
  7. Broulims SupermarketsCommissaries, primarily groceries57
  8. North GEM DistrictSchool district25FTE

Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 4 workplaces with 20 or more staff, 776 people in all across the county; Grace has one of its own. Hospitals come from their Medicare cost reports (CMS, 2023) and school districts from the Common Core of Data (NCES, 2023–24); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.

Natural hazards

  1. Winter weatherVery high
  2. LightningVery high
  3. WildfireRelatively high
  4. Cold wavesRelatively high
  5. Inland floodingRelatively high
  6. EarthquakesRelatively moderate

FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Grace’s census tracts, against the rest of the country; all of them together, relatively high. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.

From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Caribou County.

Grace home values

Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.

$350,000 $400,000 $450,000 2024 2025 2026 Grace $354,814 Idaho $476,754 United States $366,157
$350,000 $400,000 $450,000 2024 2025 2026
  • Grace$354,814
  • Idaho$476,754
  • United States$366,157
Property tax, 2026 roll $1,177/yr median bill inside Grace, effective 0.37% of estimated value — current assessment rolls, AssessorSearch Data Lab, quality-gated against the county's official figures

Levy by levy, and a check of one home’s own bill, the site covers Ohio’s property tax.

When this market ran hot

Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.

JFMAMJJASOND
2026
2025
2024
falling flat warming hot overheating runaway

Market heat, inside the city limits

Homes for sale

Active for-sale inventory. More supply hands power to buyers.

5 10 15 2024 2025 2026 Grace 13
5 10 15 2024 2025 2026
  • Grace13

New listings per month

Sellers arriving at the market.

Not enough data to draw this yet.

Zip codes with a Grace address

A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Grace — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.

Zip codes in Grace